- Sensex is made up of 30 most representative companies that are listed on the Bombay Stock Exchange (BSE).
- Initial value of 100, as on 1 April 1979
- Formally launched on 2 January 1986
- The index is made up of companies that represent the sector they operate in.
- They are also the companies that are most traded on the stock market.
- Sensex, along with Nifty50, are broad market indices, and also called large-cap indices
- Throws out the companies that are no longer the largest or best representative of the current situation
- Replaces them with large companies that represent the new areas of activity in the country
Sources